MerchantMiner
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Activity: 56
Merit: 0
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September 27, 2013, 12:27:38 AM |
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But my rig heats my apartment in this cold autumn days  for free yeah im useing my little rig as a heater as well , man what are we doing. |
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"You Asked For Change, We Gave You Coins" -- casascius
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PrintMule
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September 29, 2013, 05:43:02 PM |
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But my rig heats my apartment in this cold autumn days for free lol where is the profit calculator that takes heating bills into consideration?? how many BTUs does a mining 7950 produce?  Very little, as it's quite energy efficient, but if you stack lots of it together Also that's where old cheap gpu's would come in handy, if they were available in my region. |
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Samir_H
Member
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Activity: 83
Merit: 10
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October 01, 2013, 10:43:26 AM |
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2) If my ASIC is no longer bringing in many coins, or the hashing power is insignificant because of more powerful ASICs and/or the increasing difficulty, then it is a worthless device that will resell for no-where near what I paid for it
3) If my GPU is no longer bringing in many coins, then I can move to another crypto-currency that is more profitable, if that doesn't work then I can move to another one, if that doesn't work then I can sell it for relatively the same amount that I paid for it. People are always upgrading their computers and these cards are all pretty beasty
I'm thinking about buying ASIC miners but also thinking similar to what you said. If all this bitcoin story stops, ASIC is only good for trash. Same scenario if somebody sell much stronger miners. On other side, I lost some value of GPUs but I can sell them if I stop mining and with alt-coins there is still some income. Soon I will probably end up with both, hardware and GPU miners. |
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Eternity
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October 07, 2013, 01:29:13 PM |
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Not worth anymore
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fattypig
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October 07, 2013, 01:46:51 PM |
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Not profiting any more with GPU, sell all your gpu and buy 2TERAH/S ASIC!!!
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balanghai
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October 07, 2013, 03:41:57 PM |
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Not profiting any more with GPU, sell all your gpu and buy 2TERAH/S ASIC!!!
If you've got few GPUS i'm interested to have them . |
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kuusj98
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October 07, 2013, 05:24:17 PM |
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GPU's are like only relevant with altcoin mining, and LTC in particular.
In the beginning of LTC I could mine 1 LTC every 10 minutes @ 400Kh/s, damn shame I only mined 25 and quit it after that...
Now I have 800Kh/s sitting here occasionally playing some games for me...
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Samir_H
Member
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Activity: 83
Merit: 10
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October 07, 2013, 07:25:37 PM |
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Who is crazy to dig BTC with GPU rigs |
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fattypig
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October 10, 2013, 01:27:12 AM |
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Not profiting any more with GPU, sell all your gpu and buy 2TERAH/S ASIC!!!
If you've got few GPUS i'm interested to have them . Haha, I just recently change to mine alt-coin instead, I will sell once alt-coin have ASIC |
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FloridaBear
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October 18, 2013, 07:19:38 AM |
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But my rig heats my apartment in this cold autumn days for free lol where is the profit calculator that takes heating bills into consideration?? how many BTUs does a mining 7950 produce? Very little, as it's quite energy efficient, but if you stack lots of it together Also that's where old cheap gpu's would come in handy, if they were available in my region. Well, GPUs convert essentially 100% of electrical energy into heat (the only "work" they do is move air, but that is turned to heat as well). So a 250W GPU makes about 850 BTUs. |
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fattypig
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October 18, 2013, 12:53:40 PM |
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But my rig heats my apartment in this cold autumn days for free lol where is the profit calculator that takes heating bills into consideration?? how many BTUs does a mining 7950 produce? Very little, as it's quite energy efficient, but if you stack lots of it together Also that's where old cheap gpu's would come in handy, if they were available in my region. Well, GPUs convert essentially 100% of electrical energy into heat (the only "work" they do is move air, but that is turned to heat as well). So a 250W GPU makes about 850 BTUs. I though 1W is about 1BTU? How did you get the 850 BTU from? |
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Quix
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October 19, 2013, 05:16:18 AM |
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The biggest issue with using GPUs for heat is that heating your house with electricity is pretty much the most expensive way to do it. As compared to natural gas (at least where I live) electricity is about 10x as expensive.
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ineedit
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October 19, 2013, 08:31:50 AM |
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The biggest issue with using GPUs for heat is that heating your house with electricity is pretty much the most expensive way to do it. As compared to natural gas (at least where I live) electricity is about 10x as expensive.
If you want expensive try oil heating  No gas where we live so I though of GPU's mining alt coin for heat instead but then you can't hear the TV over heating  |
If I have been help then please show your thanks BTC: 127PRogAVZiV3fEmpJERh9KemK3a3Ffh6G LTC: LXghFL8mZffpTFkm2nRTesuDrV5DJQP3Js
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Samir_H
Member
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Activity: 83
Merit: 10
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October 19, 2013, 10:37:14 AM |
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The biggest issue with using GPUs for heat is that heating your house with electricity is pretty much the most expensive way to do it. As compared to natural gas (at least where I live) electricity is about 10x as expensive.
Yes, heating with electricity is expensive but you are in this case not using it directly and only for heating. If you spend 2 BTC worth electricity and make 2 BTC worth alt-coins then you have heating for free. But gpu rigs take a lot of space and you can't live with noise they make and stay sane. |
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hulk
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October 19, 2013, 01:33:03 PM |
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The biggest issue with using GPUs for heat is that heating your house with electricity is pretty much the most expensive way to do it. As compared to natural gas (at least where I live) electricity is about 10x as expensive.
Yes, heating with electricity is expensive but you are in this case not using it directly and only for heating. If you spend 2 BTC worth electricity and make 2 BTC worth alt-coins then you have heating for free. But gpu rigs take a lot of space and you can't live with noise they make and stay sane. It depends how you set your GPU, just mine at stock speed and undervolt.. should be cool enough to reduce fan speed to 40-50%.. |
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